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Midas commences drilling at Newington Lithium-Gold Project - The Pick Online Magazine

Written by Staff Writer | Aug 17, 2022 9:12:53 AM

Midas Minerals Ltd (ASX: MM1) has commenced reverse circulation (RC) drilling at its Newington Lithium-Gold Project, north of Southern Cross, in WA’s Goldfields region.

The aim of the initial 2,500m programme is to obtain an understanding of the variability of pegmatite mineralogy, size and orientation at intervals over about 8km strike of the Kawana East pegmatite belt. Midas’ previous rock chip and auger geochemistry identified lithium and tantalum-bearing LCT pegmatites at surface.

Exploration to date at Newington has been successful in locating, at surface, LCT pegmatites containing anomalous lithium mineralisation,” Managing Director, Mark Calderwood, said.

“We hope our maiden drill program at Newington will provide greater understanding of the Kawana East pegmatite geology and help us shape future exploration plans at this highly prospective lithium project. We look forward to receiving first results from this drilling.”

For further information please visit: https://www.midasminerals.com/